Examlex
A map is drawn so that every 3.5 inches on the map corresponds to an actual distance of 100 miles. If the actual distance between the two cities is 540 miles, how far apart are they on the map?
Consistency
In accounting, the principle that requires the same accounting methods to be used from period to period for comparability.
Accounting Principles
The rules and guidelines that companies must follow when reporting financial data.
Cash Basis
A financial recording strategy where incomes and costs are documented at the time they are actually exchanged, instead of the moment they are accrued.
Services
Economic activities offered by one party to another, often involving professional support or advice rather than a tangible product.
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